Morgan Stanley Announces Second Quarter Results

Morgan Stanley (NYSE: MS) will hold its second quarter investor conference call hosted by Colm Kelleher, Executive Vice President and Chief Financial Officer, on Wednesday, June 18, 2008 at 11:00 am Eastern time. The call will be available at www.morganstanley.com or by dialing 1-877-391-6849 (passcode 53068258) within the United States. International callers dial 1-617-597-9298 (passcode 53068258). A replay of the call and webcast will be available through July 18, 2008. To listen to the playback dial: 1-888-286-8010 (pass code 82699252) within the United States or 1-617-801-6888 (passcode 82699252) internationally.

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 600 offices in 33 countries. For further information about Morgan Stanley, please visit www.morganstanley.com